As cited by the research report titled ‘Global Gaming Peripheral Market (2021 Edition) - Analysis by Product Type (Headsets, Keyboards, Joysticks, Mice, Gamepads Controllers, Others), Device Type, Distribution Channel, By Region, By Country: Market Insights and Forecast with Impact of COVID-19 (2021-2026)’, available with MarketStudyReport, global gaming peripheral market generated revenues worth USD 4270 million in 2020 and is likely to amass notable gains over 2021-2026.
 

Around one-third of the world’s population is made up of active video-gamers, and this proportion is projected to increase in the upcoming years, which is primarily driving global gaming peripheral market growth. Rising trend of gaming as a profession, mainly among the youth is also bolstering the market scope.
 

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Moreover, increasing spending on consoles and peripherals by gamers due to rising popularity of social gaming applications and growing popularity of e-sports and several gaming tournaments such as PUBG Global Championship, League of Legends World Championship, and Call of Duty World League (CWL) are further propelling demand for advanced peripherals.
 

Based on product type, worldwide gaming peripheral industry is segmented into headsets, joysticks, gamepads controllers, keyboards, mice, and others. Considering technology ambit, the business space is divided into wired and wireless. By distribution channel, the market is bifurcated into online and offline.
 

Speaking of device type, the marketplace is categorized into PC (desktop/laptop), and gaming consoles. Among these, gaming consoles segment is anticipated to expand at strong CAGR over the estimated timeframe, primarily due to the availability of multi-functional and user-friendly gaming consoles that allow gamers to browse internet, watch videos, listen to music simultaneously while playing games.
 

On the geographical front, Asia Pacific market is slated to garner notable returns over the study duration, owing to increasing popularity of multiplayer video games, rising emergence of gaming peripherals, and expanding innovations in peripherals in the region.
 

Prominent players swaying the global gaming peripheral marketplace dynamics are Sharkoon Technologies GmbH, Alienware Corporation, Mad Catz Global Limited, Shenzhen Rapoo Technology Co Ltd., Thermaltake Technology Co. Ltd., Guillemot Corporation S.A., SteelSeries, Turtle Beach Corporation, Sennheiser Electronic GmbH & Co. KG, Plantronics Inc., Logitech International S.A., Razer Inc.,  Corsair Gaming Inc., and Cherry AG.